Asian Currencies Knock, Rupiah Still Glorious!

Asian Currencies Knock, Rupiah Still Glorious!

Jakarta, CNBC Indonesia – The rupiah exchange rate against the United States (US) dollar strengthened slightly in trading this week. Amazingly, the rupiah was still able to strengthen in the midst of a wave of US dollar strength in Asia. So far this week, the rupiah posted a 0.03% strengthening against the US dollar overall … Read more

US Dollar Fires Today!

US Dollar Fires Today!

Jakarta – Exchange rates United States (US) dollar this morning weakened against the rupiah. Uncle Sam’s currency fell 109 points (0.76%) to Rp. 14,304. Quoted from RTI data, Tuesday (5/4/2022), the US dollar weakened daily to monthly. The deepest weakness occurred today. US Dollar VS Asian Currencies The movement of the US dollar against other … Read more

US Dollar Soars, Rupiah Needs Foreign ‘Help’ To Strengthen!

US Dollar Soars, Rupiah Needs Foreign ‘Help’ To Strengthen!

Jakarta, CNBC Indonesia – The sentiment of market participants was quite good early last week, making the rupiah slightly strengthened 0.08% against the United States (US) dollar to Rp. 14,353/US$. In today’s trading, Tuesday (5/4/2022), the movement of the rupiah will likely remain the same, only slightly. This is because the US dollar is at … Read more

US Dollar Crazes, World Gold Prices Drop, The Banderol Is Sad

US Dollar Crazes, World Gold Prices Drop, The Banderol Is Sad

GenPI.co – World gold prices weakened at the end of trading, Monday (28/3) local time. This is in line with the increasing yields of United States (US) bonds and dollar The United States (US) is strengthening. Even so, the decline gold price limited by concerns over inflation. READ ALSO: PDIP Secretary General Responds Positively to … Read more

Crude Oil Prices Drop, Rupiah Rage!

Crude Oil Prices Drop, Rupiah Rage!

Jakarta, CBNC Indonesia – The rupiah exchange rate strengthened sharply against the United States (US) dollar in early trading Thursday (10/3) continuing the strengthening of the last two days. The slump in crude oil prices made the sentiment of market players improve and became the energy for the rupiah to strengthen. As soon as trading … Read more

How did the dollar strengthen when Russia invaded Ukraine? Here’s the explanation

How did the dollar strengthen when Russia invaded Ukraine?  Here’s the explanation

Jakarta – The United States Dollar currency is often hunted by investors in the midst of conditions of economic uncertainty. Investors often hoard this one item because it is considered the safest currency to hold. Likewise, amid the uncertainty that occurred in Europe due to the conflict between Russia and Ukraine. Last week, the US … Read more

Beware of the Risk of the Fall of Kyiv Could Make the Rupiah Fall!

Beware of the Risk of the Fall of Kyiv Could Make the Rupiah Fall!

Jakarta, CNBC Indonesia – The rupiah successfully strengthened 0.21% against the United States (US) dollar to Rp. 14,335/US$ in trading last Tuesday. Throughout the rupiah trade did not even have time to taste the red zone. The war that occurred between Russia and Ukraine did not deter foreign investors from pouring their capital into Indonesia. … Read more

Ignore the War, Good News from China Makes the Rupiah Soar!

Ignore the War, Good News from China Makes the Rupiah Soar!

Jakarta, CNBC Indonesia – The rupiah exchange rate strengthened quite sharply against the United States (US) dollar on Tuesday (1/3) trading even though the war was still raging between Russia and Ukraine. In addition, the good news from China helped the rupiah strengthen this morning. According to Refinitiv data, as soon as trading was opened, … Read more

Happy Entrepreneurs, China’s Same Trade No Longer Uses US Dollars

Happy Entrepreneurs, China’s Same Trade No Longer Uses US Dollars

Jakarta, CNBC Indonesia – Chairman of the Indonesian Employers Association (Apindo) Hariyadi Sukamdani said Indonesia needed to get out of the comfort zone in terms of using currency when transacting in international trade. Now when exporting and importing, entrepreneurs can use not only United States (US) dollars, but also local currencies in certain countries that … Read more

RI Doesn’t Rely on US Dollars, BCA & Mandiri Bosses Give The Proof!

RI Doesn’t Rely on US Dollars, BCA & Mandiri Bosses Give The Proof!

Jakarta, CNBC Indonesia – Indonesia’s dependence on the United States (US) dollar has faded after the implementation of the policy on the use of local currency in trade transactions or Local Currency Settlement (LCS). Clear evidence of the loss of influence of the US dollar on Indonesia is clearly shown by two giant banks in … Read more